MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

RTTNews | 758 days ago
Stocktwits
MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

(RTTNews) - The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.

Prior to MarketAxess, Concannon served as President and Chief Operating Officer of Cboe Global Markets, Inc., a position he was appointed to upon Cboe's acquisition of Bats Global Markets, Inc. in 2017.

Until Bats' acquisition by Cboe, Concannon served as Chief Executive Officer of Bats since 2015. He has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan, Lewis & Bockius, LLP and the SEC.

Tags: MKTX
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MarketAxess Q2 Profit Declines, But Top Estimates

MarketAxess Q2 Profit Declines, But Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $72.62 million or $1.92 per share from $73.63 million or $1.96 per share in the prior-year quarter.
RTTNews | 275 days ago
MarketAxess Q2 Profit Declines, But Results Top Estimates

MarketAxess Q2 Profit Declines, But Results Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $59.86 million or $1.59 per share from $66.92 million or $1.78 per share in the prior-year quarter.
RTTNews | 567 days ago
European Economic News Preview: Bank Of England To Cut Rates

European Economic News Preview: Bank Of England To Cut Rates

The monetary policy announcement from the Bank of England is the top economic event due on Thursday. The BoE is expected to cut its benchmark rate by a quarter-point to support economic growth. Markets widely expect the BoE to lower the bank rate to 4.50 percent from 4.75 percent.
RTTNews | 6h 36min ago
European Shares To Open On Firm Note As Trade War Fears Ease

European Shares To Open On Firm Note As Trade War Fears Ease

European stocks are likely to open higher on Thursday as trade war fears eased, and U.S. Treasury Secretary Scott Bessent said that President Donald Trump is not directly calling for the Federal Reserve to lower rates.
RTTNews | 6h 37min ago
Sensex, Nifty Drift Lower In Early Trade

Sensex, Nifty Drift Lower In Early Trade

Indian shares were a tad lower on Thursday amid the impending expiry of the weekly options of Nifty 50 contracts and the RBI's interest-rate decision on Friday.
RTTNews | 7h 56min ago
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